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NOTE PAYABLE - LINE OF CREDIT AND INSURANCE | 12 Months Ended
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Dec. 31, 2013
NOTE PAYABLE [Abstract] |
NOTE PAYABLE - LINE OF CREDIT AND INSURANCE | NOTE 11 - NOTE PAYABLE - LINE OF CREDIT AND INSURANCE Line of Credit: The Company has a line of credit with Wells Fargo Bank. The line of credit provides for borrowings up to $40,000. The balance as of December 31, 2013 and December 31, 2012 was $39,979 and $37,028, respectively. The interest rate is the Prime Rate plus 3%. The CEO of the Company is the personal guarantor. Insurance: On March 1, 2012, the Company incurred additional short term financings of $4,436 for the purchase of Errors & Omissions insurance. The interest rate on the financing was 6.96% and will mature in February 2013. On August 31, 2012, the Company incurred short term financing of $5,794 for the purchase of Directors' & Officers' insurance. The interest rate on the financing was 6.96% and matured July 2013. As of December 31, 2013 and 2012, the balance on the notes incurred for insurance financing was $0 and $4,612, respectively.

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